MoneyTrack every mainboard and SME IPO in India – dates, price band, issue size and a plain-language read on what to check before you apply.
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| IPO open | 8 Sep 2026 | IPO close | 11 Sep 2026 |
|---|---|---|---|
| Listing date | 16 Sep 2026 | Exchange | NSE SME |
| Price band | ₹84 | Lot size | 1,600 shares |
| Issue size | ₹30.16 Cr | Issue type | Fresh issue |
| Min investment | ₹134,400 | GMP | Not tracked |
About Vinod Ironworld Ltd
Vinod Ironworld manufactures fabricated steel structures and equipment. This is a fixed-price SME issue.
Strengths
- Fixed-price issue removes price-band uncertainty
- Fresh issue funds capacity expansion
Risks
- Steel input prices are volatile and can compress margins
- Fixed-price SME issues often see muted institutional interest
- Cyclical end-markets tied to capex
What to watch
- Capacity-utilisation figures and the expansion plan in the RHP
- Retail subscription on the final day
- Post-listing volume and delivery percentage
Key financials
Detailed financials for this issue are in the company’s Red Herring Prospectus (RHP), filed with SEBI and available on the exchange and registrar websites. We add the headline numbers here once the desk has reviewed the RHP.
MoneyPuran coverage
- SEC IPO Data Shows 86% Increase in Q1 2026 Capital Raised 31 Aug 2026
- What is an IPO and How Do Retail Investors Apply? 30 Aug 2026
Disclaimer: MoneyPuran is a financial news and educational portal. Not SEBI-registered investment advice. The notes above are an editorial reading of public disclosures, not a buy/avoid recommendation. IPO investing can lose money; read the RHP and consult a SEBI-registered adviser.